ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CTG Christie Group Plc

95.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Christie Investors - CTG

Christie Investors - CTG

Share Name Share Symbol Market Stock Type
Christie Group Plc CTG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 95.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
95.00 95.00 95.00 95.00
more quote information »
Industry Sector
SUPPORT SERVICES

Top Investor Posts

Top Posts
Posted at 29/2/2024 16:07 by cfro
Certainly feels that way Lol..

I retain a small holding here myself. Looks like there are a few buys coming in today to mop up the sales. It doesn't take much in the way of selling to knock the price.

Companies like this are very much under the radar and ignored by the vast majority of investors. That's the main problem i feel.
Posted at 22/5/2022 13:31 by melloteam
Mello2022, the popular three-day Investor event takes place on 24TH-26TH MAY at the Clayton Hotel & Conference Centre, Chiswick, W4. The breakdown of the three days is as follows:

Tuesday 24th May, 9am - 6pm - Mello Investment Trusts and Funds (WE ARE GIVING AWAY 20 FREE TICKETS TO THE TRUST AND FUNDS EVENT - THE FREE CODE IS FIRST20TF)

Wednesday 25th & Thursday 26th May, 9am - 6pm - Smaller Growth and Mid-Cap Companies (Tickets for 1 day are £115 and tickets for 2 days are £189. To get 50% off, use code MMTADVFN50).

Just to let shareholders and prospective investors know that CTG will be among the companies discussed on the BASH (Buy, Avoid, Sell, Hold) panel on Wednesday. There will also be keynote speakers such as Lord John Lee, Leon Boros, Andy Brough, Rosemary Banyard, Clarke Carlisle and Gervais Williams.

For more information, please visit the event webpage:
Posted at 21/5/2022 21:30 by davidosh
Mello2022, our annual flagship two day smaller growth company event will be returning to the popular Clayton Conference Centre in Chiswick, London W4 on Wednesday 25th May and Thursday 26th May.

Just to let shareholders and prospective investors know that Christie Group will be among the 60+ LSE Small Cap and AIM listed companies featuring at the show. There will also be keynote speakers such as Lord John Lee, Andy Brough, Leon Boros, Clarke Carlisle and Gervais Williams.

1 day tickets are £115 and 2 day tickets are £189. However they are available at half price to shareholders so to obtain 50% off just use code MMTADVFN50.

For more information, please visit the event webpage:
Posted at 29/10/2020 08:17 by vprt
My tiny toehold was sold at open today, following the miserable H1 results.

Negatives:
- independent NED with remuneration expertise resigns
- pension deficit up by £4.75m to almost £17m (compare with market cap!)
- £6m LBT in 6 months, blamed entirely on covid, with second wave taking off

Counterpoints that give some hope:
- Lord Lee had topped up his big stake and called it "undervalued" in his FT column on 3 October
- The PFS business would probably still be profitable in a future normal year
- Still a lot (£13m) of (gross) cash on the balance sheet, which gives some short term flexibility (inflows from receivables and loan)

With poor and deteriorating governance, high remuneration, no institutional investors (good luck with any capital raising!) and losses that seem likely to continue with covid, I prefer to reallocate my money and attention elsewhere.
Posted at 14/1/2015 09:42 by brummy_git
The business seems to be flying – the only problem being that liquidity in the shares is low, which means there is very little spare stock available for new investors.

IMO -The company really needs to look at this and increase its profile.
Posted at 16/10/2014 09:57 by aim_trader
Chris Jordaan, CEO will be presenting at the Proactive Investor forum on 23rd October. To register, please click here;
Posted at 13/5/2014 23:01 by firtashia
Appreciate your comments fugwit. I know what you mean about paying up front for growth that hasn't happened yet and I don't tend to do it as a matter of routine. I've made an exception in this case as the April trading update was very bullish e.g. CTG is saying just 4 months into its new financial year that it is already confident it will beat market expectations for the FY. I would be surprised if it now fails to achieve the new upgrade forecasts, therefore I'm assuming it is reasonable to value the company on those upgraded forecasts. I'm hoping the recent chart breakout above its 52 week high might continue to draw in some momentum investors too.
Posted at 07/5/2012 13:34 by doodlebug4
Sunday newspaper tip;

FINANCIAL TIMES
Occasionally, a glaring anomaly arises particularly with a small PLC that falls below most investors' and analysts' radar: private investor John Lee believes Aim-quoted Christie Group to be a classic example.

Christie has steadily developed over the years and is highly regarded within its two principal sectors: professional business services, covering valuing, buying, selling, financing a wide variety of businesses in the leisure, care, retail sectors; and stocktaking and inventory systems and services.

The stocktaking business – number one in the UK, number three in the world, with 11 offices and more than 1,000 employees – has roots going back to 1846. But new clients include Zara, Butlins, Tesco Pharmacy.

Total group revenue increased to £53m for 2011, split broadly equally between the two divisions. With directors and staff owning 65 per cent, marginal profitability and a recent dividend reduction, the shares have come back to 52p, giving a paltry £13m capitalisation. 'So I recently added more at 49p to my already sizeable holding,' says John Lee.

A trade buyer might value Christie at £1 for every pound of turnover – £50m-plus – or four times its present market valuation. But even a more conservative calculation makes a mockery of the present share price.

Indeed, the group floated at 145p in 1988, when it was considerably smaller.



Read more:
Posted at 18/11/2009 17:25 by jtcod
Just been running a rule over the company and I thought I would post here as fwiw I have a fair bit of experience in this sector.

Firstly I must say that I believe Christie Group is a great brand, (as is 'Pinders' their UK small business valuing arm.) The only problem is they trade in a cyclical sector with a typical long-throw business pipeline characteristic. I have seen a couple of big cycles over the last 20+yrs in the sector and one thing that stands out is that all players are heavily reliant upon bank lending. Essentially the banks haven't begun to lend properly again yet. A business transfer agent can take on 300 new pubs to sell but it means nothing if they cannot sell them because buyers cannot raise the funding.

What I think investors should perhaps consider here also is that the 18 months reporting to 6/2009, which has pretty much decimated CTG's balance sheet from £16m assets, has occured 'despite' a good pipeline of business running into that period. Busines Pipelines in the sector are on their knees right now and even in good times they take 9 months to build from a standing start. In bad times it could take 24 months to recover to meaningful levels.

Philip Gwyn is to be congratulated imo for not following the trend in the industry where others ran their balance sheets on empty even through the good times. However, in June 2009 the balance sheet equity was down to £1.3m which is next to nothing compared with a reduced operating overhead still more than 3x this amount 'per month'.

I believe Chisties will survive this market (probably imo after issuing more equity to improve the balance sheet and making a second significant reduction in overhead) and though I believe peak volumes are unlikely to be the same again inside 15yrs, I do believe CTG will gain a bigger market share over the next 2 years as competitors fall by the way side. This should compensate a little as they come out of this slump.

Right now new business transfer buyers in the marketplace are at very low levels also.

As ever all IMHO and DYOR of course
Posted at 27/3/2006 17:20 by jakleeds
LONDON (AFX) - UK small caps closed in the red mirroring the weaker wider
market, with Capcon Holdings showing the losers how it is done following
repeated investor demands for details of its actual financial situation, dealers
said
At the close FTSE small cap index was 7 points adrift at 3607.5 points while
the FTSE 100 index was down 64.1 points at 5972.2-- reflecting the sentiment of
the wider indices.
Topping the fallers, Capcon, down 4-1/2 at 9-1/2, has been requested by 15
pct shareholder Christie Group to adjourn an EGM, where investors were voting on
a refinancing plan that the group needs to stay a float, in order to release
up-to-date financial information.
Reportedly, Christie has made repeated requests to Capcon's board for
up-to-date financial information, not including commercially sensitive
information, and it said today that this is the only way shareholders can vote
clearly on the options available to them.

Your Recent History

Delayed Upgrade Clock